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Bitcoinist
Bitcoinist
Sora Shows AI Technology Is Continuing to Evolve, But Don’t Count Out Crypto Projects Like Bitcoin Minetrix (BTCMTX) and Smog (SMOG) | Bitcoinist.com
6 days ago
CaptainAltcoin
CaptainAltcoin
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Solana (SOL) has been having a decent time this month, with some major gains – even more so than some other tokens. On top of that, there may be even more gains in sight for the crypto asset. However, there are some tokens that are overshadowing SOL because they are even more lucrative. The two tokens in question are Bitcoin Minetrix (BTCMTX) and Smog (SMOG), which have the potential for significant growth. We give you all the details on these projects here. Solana Price Prediction: Major Gains Coming In? According to the technical analysis on the weekly time frame, SOL reached its highest point of $126 in 2023, but then declined. The drop reached its lowest point of $79 in January 2024. Since then, the SOL price has risen, forming consecutive positive weekly candlesticks. It hit a peak of $119 on February 14, 2024. The weekly Relative Strength Index (RSI) also shows a negative sign. Market traders use the RSI to measure the momentum of the price and to determine if it is overbought or oversold. They use this information to decide when to buy or sell an asset. If the RSI is above 50 and rising, it means that the bulls have more power, while if it is below 50 and falling, it means the opposite. However, the indicator is also showing a bearish divergence (green trend line), which is a common signal of a downward trend. Bitcoin Minetrix Has A Great Future Ahead of It Bitcoin Minetrix (BTCMTX) is a remarkable tokenized cloud mining platform, known for its efficiency and easy-to-use interface. The project has built a solid reputation by ensuring security and transparency. Users can conveniently get and stake BTCMTX tokens within the platform’s ecosystem, using user-friendly wallets like MetaMask, which are smoothly integrated with Ethereum. Bitcoin mining has usually been difficult for the average person. However, this platform and its token make it possible for anyone who wants to mine the most popular cryptocurrency in the world. This method improves accessibility, allowing investors to stake BTCMTX and get credits for more BTC mining. It also solves the problem of cloud mining reliability and reduces the chance of fraud in the industry. The project has many advantages, such as low startup costs, a safe and simple user interface, and an easy onboarding process. The process consists of buying tokens, choosing the buy-and-stake option, and then getting rewards in Bitcoin. The team has clearly defined an initial roadmap, showing a smart view on the project’s development. After the presale, their main objectives are to get listings on exchanges, start a full-scale marketing campaign, and begin the creation of desktop and mobile apps, which will need more team members. Ongoing talks with trustworthy cloud mining companies show great potential for significant growth, with an emphasis on creating the stake-to-mine contract. The next stage will concentrate on launching stake-to-mine desktop and mobile dashboards and enabling the first Bitcoin withdrawals to wallets. Future plans include adding the feature to exchange mining credits for hash power. The team’s top priorities going forward are marketing activities, possible expansion into cloud mining rentals, and other strategic business operations. Bitcoin Minetrix has reached impressive achievements during its presale, with the BTCMTX token currently worth $0.0136, raising almost $11.3 million. BTCMTX tokens can be bought through credit card transactions, ETH, USDT, and BNB. Also, a tempting Gleam contest offers a $30,000 mine drop reward. Smog (SMOG) Is A Meme Coin That Will Revolutionize The Niche We won’t hesitate to say it: Smog (SMOG) could be one of the biggest meme coins of all time. This Solana-based meme coin has rapidly gained popularity on decentralized exchanges (DEXs), reaching a $2 million market cap on Jupiter. The upcoming airdrop suggests the possibility of huge growth, and the staking option gives an APY of 42%. Do remember that meme coins are always vying for the crown of the fastest growing crypto tokens. This trend has been very clear in the last year, with many meme coins consistently beating the wider market. This trend is likely to persist in the future, with the meme coin niche staying one of the most lively and efficient in terms of producing returns. SMOG is following the footsteps of successful predecessors like Bonk and Myro, which have experienced amazing growth. Notably, SMOG’s DEX trading volumes have lately exceeded those of Uniswap. With its impressive growth, SMOG has the chance to outdo the accomplishments of SPONGE, which saw a 50x increase from $2 million to $100 million. SMOG is certainly one of the most attractive cryptocurrencies to invest in right now, with the upcoming airdrop possibly boosting it to become the top meme coin of 2024. Conclusion Solana (SOL) may have some upward momentum, but Bitcoin Minetrix (BTCMTX) and Smog (SMOG) are set to grow even further this year. We highly recommend keeping an eye on these tokens, joining their presales, and following their social media channels to keep up with the latest news. Check Out Smog Disclaimer: We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in cryptoassets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content. The post Solana (SOL) Price Prediction: Positive Outlook, But Potential Gains Overshadowed By These Two Lucrative Tokens appeared first on CaptainAltcoin.

3 days ago
Coinpedia
Coinpedia
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The post Top 10 Best Altcoins To Stake in 2024 appeared first on Coinpedia Fintech News Crypto staking has been rapidly growing due to the promising passive rewards it offers! Staking involves users locking up their crypto assets to earn rewards in return. Regarding crypto staking, we need to keep some important factors in mind. Annual Percentage Yield (APY)and volatility are vital in determining the best altcoins to stake in 2024. The most apt crypto for a person to stake depends on his goals and risk tolerance—high APY tokens like Bitcoin Minetrix and TG.Casinos offer great returns and come with higher risks. However, stablecoins like Tether provide more security in volatile markets. This report by Coinpedia has compiled all the essentials you need in your kit while exploring the best altcoins to stake in 2024! Key Points to Consider While choosing the right option for you, metrics like these shall be considered: APY Consider the most crucial metric for staking, which is APY! It is the percentage return on the crypto asset you stake. Different tokens have different values of APY. Choose before you stake! Returns The return is mostly estimated based on the total value locked and the network’s popularity. The more investors are involved, the more rewards are split among the validators. Make a goal about how much you wish to earn out of staking! Validator or delegator Validators run a node and participate in staking, which requires more technical knowledge. Meanwhile, delegators are token holders who wish to participate in staking, instead choosing to use and trust an existing validating node and delegate their tokens to that node. Validators generally earn a little more, taking a small fee from delegators’ rewards in exchange for running the node. Decide what’s your category! Taxation Taxation on staking depends on the region you are working in! Staking rewards are treated as taxable in some countries. It is essential to check that the coin you are staking offers good reporting through your chosen platform! Also, know about all taxation policies in the area of operations. Staking platforms Innumerable staking platforms are available in the market that can help you get started. Always do your research before choosing the one for you! Consider the prime points like platform fees, etc. Top 10 Altcoins to Stake in 2024 Smog APY: 42% $SMOG is ranked as the best staking coin by cryptonews.com. It caught investor attention as a viral meme coin on the Solana blockchain since its recent launch on the Jupiter DEX. Investors can earn rewards by holding tokens and completing targets, supported by a 42% APY staking yield with a 90-day lock-in period. Beginning its journey at $0.001419, its price surged by over 3000% to $0.047, boosting its market cap from $2 million to over $64 million. This growth makes Smog a potential rival to coins like Bonk, Myro, and Dogwifhat. Also, Smog’s fair launch approach with no presale has boosted its credibility. The platform dedicates 50% of its supply to marketing, aiming for broad adoption and community expansion. Additionally, 10% of the supply is reserved for future centralized exchange listings and 5% for decentralized exchange liquidity. Smog offers an astounding opportunity for investors in a new crypto project with a high staking yield and growth potential.  Bitcoin Minetrix APY: Above 500% This stake-to-mine crypto offers tokenized cloud mining credits. $BTCMTX is a new cryptocurrency that combines token staking and cloud mining. On this platform, token holders can stake $BTCMTX and earn cloud mining credits. It is offering staking rewards and APYs as high as 190%. To stake with this, one needs to buy $BTCMTX through the ongoing presale. From a total supply of 4 billion – 2.8 billion tokens are being allocated equally across ten presale rounds. During the current round, $BTCMTX is priced at $0.0114 per token. The price will jump to $0.0148 by the final round (stage 39). Also, the platform has an exciting minedrop with $30K rewards for early backers. Bitcoin Minetrix has already raised  $3.1 million in just over a month since the presale began. Isn’t it an exciting project? We place our bets on the Bitcoin Minetrix! Sponge V2 SpongeBob token V2 has moved to launch on Polygon and was seen making waves in February 2024. With this new network switch, Sponge V2 offered thrills to investors as they experienced a staggering 56% price gain. Furthermore, the project aims to provide up to 7,500% returns to active SPONGE V2 stakers. Despite skepticism surrounding meme coins, the original SpongeBob token has proved itself by achieving a $100 million market cap and rewarding early holders with great returns. Spine V2 is the new version of $SPONGE! After the V2 launch on exchanges, V1 tokens won’t be supported. The staked tokens will allow us to generate high APYs for the next 4 years! More than 400 million $SPONGE have been staked on the V2 contract. The smart contract is rewarding investors with up to 4000% in APYs. V2 might surge in popularity just like V1. It deserves to be among the top 10 altcoins to stake in 2024! Ethereum Staking rewards: Up to 4.3% One of the largest cryptocurrencies, Ethereum, has recently shifted from Proof-of-work to Proof-of-stake consensus. It can top the list of the best altcoins to stake in 2024. Ethereum is expected to solve major network concerns like high gas fees, scalability, and transaction speed. With this new upgrade, investors can stake Ethereum to help secure the network and earn rewards. There is a minimum staking requirement of 32 ETH. ETH currently has a market cap of $148 billion! How can we leave it out regarding the best altcoins to stake in 2024? Meme Kombat APY: 112% It introduces a concept where popular memes engage in AI-enhanced combat. The MK tokens can be staked to participate in meme battles, earning an APY of 112%. This unique approach has made Meme Kombat stand out in the staking arena and suitable for the ones with high-risk tolerance. eTukTuk APY: Above 30,000% It is a campaign launched in Sri Lanka to provide financial inclusion by replacing Tuktuks with electric vehicles. It will be further enhanced with AI for route optimization and task automation. This socio-economic revolution aims to bridge financial barriers while helping the environment with breathing space! eTuktuk is known for giving high APY rewards of 33,487%, with 4.75 per BSC block. A Total 144,981 of TUK have been staked by now. The TUK token has additional benefits like discounts and bonuses for its usage. eTuktuks are zero emission vehicles which are eco-friendly! The whitepaper highlights the ill-effects of pollution and how the project solves it efficiently.  Cardano One of the best staking tokens, it is one of the best proof-of-stake blockchains in 2024. ADA can be staked on the Cardano network to earn yearly interest in return for validating blocks on the blockchain. With an average of 75,000 transactions per second, Cardano is one of the fastest networks in the blockchain space. After launching at $0.076 in 2017, it reached an ATH of $3.10 in 2021.  If we stake Cardano on Kraken, an APY of 3-6% can be attained and 5% APY can be received from Atomic Wallet. Doge Uprising $DUP is a Doge-inspired Ethereum-powered crypto token with a focus on manga and storytelling. The story is set in the year 2045, when Mark Zuckerberg has the world under total surveillance. Only a group of brave Doge Mecha NFTs, commanded by pilots (NFT owners) and led by Elon Musk, can save the day. Investment in a Doge Mecha NFT is more than a financial endeavor, rather a commitment to fight against global tyranny. It’s also a community-focused project. The project intends to host multiple AMAs and liaison with several prominent influencers in the future. The price per DUP is $0.00013. ETH, USDT, and BNB could be used to purchase the token. Wallet Connect and MetaMask are required to connect to the presale listing page. There are a total of 450 billion $DUP tokens, of which 270 billion (60%) are available in the presale. 10% of the supply, 45 billion $DUP, is also allocated to airdrops.  Rush to get your hands on $DUP in order to make the best out of your staking game in 2024! Tether Tether is a stablecoin pegged to the US dollar! It offers stability in a highly volatile crypto market. It is preferred by the ones who wish to avoid high price volatility. It is extremely popular in the crypto community and has the third-largest market cap in the crypto market! TG.Casino APY: Above 600% It is a licensed and KYC-free casino accessible via Telegram! The project claims that it could be very popular in near future and might disrupt the traditional casino industry soon. By staking TGC tokens, one can enjoy an APY of over 600%.

5 days ago
CaptainAltcoin
CaptainAltcoin
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As the pre-halving surge gains momentum, investors are on the hunt for the best crypto coins with the highest upside potential. The market is always known to favour strategic investors who stay ahead of market trends. More than the budget, the insights that go into the purchase matter.  Listed below are five altcoins that will make ideal candidates for a $500-budget portfolio this bull season. 1. Bitcoin Minetrix ($BTCMTX) Shows Promise in Theme and Utility Bitcoin Minetrix is a cloud mining token that introduces a stake-to-mine dashboard with the aim of streamlining access to Bitcoin mining. It holds significant relevance in the current bull fervour.  Why? One of the key catalysts behind the bull run is the excitement around the upcoming Bitcoin halving event. It will cut Bitcoin mining rewards in half. Proportionally, the price of BTC is expected to surge in the coming months. Bitcoin halving has a history of kindling some of the biggest surges in the crypto market. Bitcoin price forecasts range up to $100,000 this year and potentially $200,000 by 2025.  In theme and utility, Bitcoin Minetrix taps into the growing momentum around the historic event. Investors are flocking to the $BTCMTX presale to acquire the token at lower prices. So it doesn’t come as a surprise that the presale is already past the $11 million milestone, hinting at a potential sell-out ahead of schedule. As the pre-halving momentum fuels bullish sentiments across the market, Bitcoin Minetrix stands to gain a lot. It is an excellent avenue to unlock the market frenzy. The long-term prospects of the project also look good. As a platform that breaks down the technical and financial barriers to mining, Bitcoin Minetrix decentralizes the industry. Here, users earn mining credits in non-transferable ERC20 tokens that are protected against hacks and theft. Upon burning, they can be converted into BTC mining rewards. According to crypto analyst and YouTube influencer Michael Wrubel, “The project addresses a significant issue by eliminating the risk of third-party cloud mining scams and empowering token holders.” Visit the Bitcoin Minetrix website to buy $BTCMTX tokens before the presale sell-out.  Passive staking is now active with high APYs. 2. SMOG is Set to Explode A highly potent meme coin ready to dominate the charts in the days ahead is SMOG. The Solana-based meme coin is expected to outstrip BONK and WIF in terms of volatility and market cap in the coming days. The key catalyst will be the mega airdrop event of SMOG that will go live soon, fuelling the mounting excitement. Prior to the airdrop launch, the token is expected to ascend to the third position on the meme coin chart. The tokenomics is built for hype and ‘virality’, with 50% of the supply earmarked for marketing initiatives and 35% allocated for airdrop rewards. SMOG is a dragon-themed project that brings a fresh trend in the meme coin market. Currently crowded with uninventive dog-themed projects, the market could use some new narratives.  “The mighty Smog reigns over the crypto battlefield, incinerating all his foes. As the dragon fire burns, the Greatest Airdrop in History gathers pace. No other meme coin can survive the fiery flames. Buy and hold $SMOG to gain airdrop points and join the dragon in vanquishing his enemies!” says the website. Don’t miss out on a 10% OTC discount on your SMOG investment. 3. Solana (SOL) Tops the High-cap Category Next on our list is Solana, which is predicted to be one of the biggest beneficiaries in the high-cap category. The social sentiments surrounding the blockchain coin are optimistic, suggesting the potential to retain the recent gains.  Solana 1-month price action, CoinMarketCap That is not to say SOL will not fall prey to downturns along the way. But the growing popularity of Solana’s ecosystem projects will give continued market relevance and the spotlight. It is on the path to acquiring the $250 milestone toward the end of the year.  The long-term prospects of SOL also remain promising. The warm welcome of Solana-powered devices hints at mainstream adoption. In that case, the project will experience a further expansion of its market capitalization.  4. Keep an Eye on Meme Kombat ($MK)  Meme Kombat is another meme coin that shows great promise. The team is building an AI-powered virtual battle arena where iconic meme coins engage in clashes. It offers an avenue for meme coin confrontations that often transform social media platforms into virtual battlegrounds. The Meme Kombat presale just crossed the $9 million milestone. We are FAST approaching our final goal of $10million in the $MK presale9.1 done and dusted. pic.twitter.com/Q9BXiDI4db — Meme Kombat (@Meme_Kombat) February 18, 2024 5. eTukTuk is for Long-Term Investors While most EV (electric vehicles) ecosystems cater to developed economies, eTukTuk stands out by focusing on the TukTuk sector in developing economies. $TUK, the native token of eTukTuk, is next on our list.  It is hailed as the Tesla equivalent for developing nations for its unique contributions. The project transitions the popular, affordable, and yet highly energy-inefficient Tuk-Tuk sector to a greener system.  As the project prepares to go live after five years of dedicated research and development, a presale investment opportunity is live for early investors. Tangible real-world relevance gives the project the potential to achieve close to a $1 billion market capitalization in a year.  Staking with rewards ranging around 200% APY is active in the presale stage. Disclaimer: We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in cryptoassets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content. The post $500 Budget: 5 Best Crypto Coins to Buy this Bull Season appeared first on CaptainAltcoin.

6 days ago

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